Investing.com – Consumer price inflation in the euro zone remained unchanged in line with expectations in November, official preliminary data showed on Tuesday.
In a report, Eurostat said consumer price inflation rose in line with expectations by a seasonally adjusted 1.9% in November, unchanged from October’s result.
Following the release of the data, the euro was down against the U.S. dollar, with EUR/USD tumbling 0.92% to hit 1.3005.
Meanwhile, European stock markets were mixed. The EURO STOXX 50 fell 0.34%, France’s CAC 40 shed 0.18%, the FTSE 100 declined 0.21%, while Germany's DAX was up 0.55%.
In a report, Eurostat said consumer price inflation rose in line with expectations by a seasonally adjusted 1.9% in November, unchanged from October’s result.
Following the release of the data, the euro was down against the U.S. dollar, with EUR/USD tumbling 0.92% to hit 1.3005.
Meanwhile, European stock markets were mixed. The EURO STOXX 50 fell 0.34%, France’s CAC 40 shed 0.18%, the FTSE 100 declined 0.21%, while Germany's DAX was up 0.55%.